Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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Rural New Mexico hospital may close its doors after $100M malpractice judgment

Rehoboth McKinley Medical Center lost a 2019 malpractice case involving a botched hernia surgery. The hospital was already operating at a loss before the case went to court.

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Cardiology salaries keep rising, outpacing consumer prices—interventional cardiologists see biggest jump

Cardiology's gains are far less than some specialties—pay for dermatologists went up more than 10%, for instance—but still ahead of the consumer price index.

AMA chart showing Medicare update payments compared to the cost of practice inflation between 2001-2024. The ongoing AMA PPI survey will be used top recalculate radiology practice expenses, but only 10 practices so far has submitted data that will impact all radiology practices.

Only 10 radiology practices completed survey used to adjust Medicare payments

The ACR shared its concerns about the lack of participation as the deadline approaches. 

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It’s official: Johnson & Johnson completes $13B Shockwave Medical acquisition

The deal, first announced in April, has been finalized. Shockwave will now operate as a business unit within Johnson & Johnson MedTech, and its common stock is no longer trading on NASDAQ.

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Primary care physicians see largest pay increase, averaging $300K in annual compensation

A report from MGMA also shows surgical specialists saw a rise in pay of 4.42%, with the cohort now taking home an average of $554,108.

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Radiologist pay increases failing to keep pace with surging consumer prices

Members of the specialty have seen their compensation rise 7.48% during a time when the CPI climbed 21%, according to new data from the MGMA. 

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Rising cost of private insurance unsustainable for 180 million families, study finds

The average cost of care for families covered by private insurance increased from $3,920 to $4,907 between 2007 and 2019.

Lawsuit filed in response to $43B nursing home staffing rule

Nursing home groups are suing CMS to block a final rule that mandates staffing and direct care minimums.

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